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Cyviz Enters Indian Energy Market with ONGC Contract

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Cyviz Enters Indian Energy Market with ONGC Contract

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Cyviz AS ( (DE:8P9) ) has provided an update.

Cyviz has secured a $900,000 contract with Oil and Natural Gas Corporation (ONGC), India’s largest crude oil and natural gas company, marking its entry into the Indian oil and gas sector. The project involves establishing a command and control environment for ONGC’s Real-Time Drilling Operations Center, enhancing operational efficiency and innovation. This strategic partnership with ONGC, which produces over 70% of India’s oil and gas, represents a significant milestone for Cyviz as it expands into one of the world’s key energy markets.

More about Cyviz AS

Cyviz is a global technology provider specializing in comprehensive conference and control rooms, as well as command and experience centers. Established in 1998, the company focuses on creating next-generation collaboration rooms that ensure inclusive meeting experiences for participants in various locations. Cyviz serves global businesses and governments, offering solutions that prioritize user-friendliness, decision support, security, and quality. The company is listed on Euronext Growth on the Oslo Stock Exchange.

Average Trading Volume: 11,279

Current Market Cap: NOK458M

For an in-depth examination of 8P9 stock, go to TipRanks’ Overview page.

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